/filters:format(webp)/production/1780994/large-1574694477.png?1574694477)
Chipwars
$SNPS don't forget :
Morgan Stanley raised its price target for SNPS from $500 to $574, citing immense financial visibility following the company's aggressive software expansion.
SNPS Synopsys Inc
$450.46
$10.15
(2.31%)
Closed $450.46
$2.21
(0.49%)
After Hours
EarningsDec 8
Mkt Cap$86.32B
Vol2.32M
About SNPS
Synopsys, Inc. engages in the provision of electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). It also offers semiconductor intellectual property (IP) products. It operates through the Design Automation and Design IP segments. The Design Automation segment includes silicon design, verification of products and services, and Ansys products, and system integration of products and services. The Design IP segment refers to interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services that serve companies primarily in the semiconductor and electronics industries. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Sunnyvale, CA.
Fundamentals
34
Bearish Sentiment
How do you feel about SNPS?
/filters:format(webp)/images/default_avatar_4_large.png){kind=avatar}
thatsolardude365
$SNPS fewer chip design starts today means fewer licenses tomorrow. seems like tapeouts are the leading indicator nobody puts in the keynote, and when startups stop designing, the tool bill stops growing first
thatsolardude365
$SNPS the renewal meeting is where the bubble gets audited line by line. seems like a license priced in boom times has to justify itself in cut times, and justification is a harder sale than momentum
thatsolardude365
$SNPS a chip design finished on paper is not a chip sold in volume. seems like tape out optimism priced the whole run, and the run is the part funding has to survive
/filters:format(webp)/production/8896289/large-1780448321.png?1780448321)
peloswing
$SNPS seeing heavy put flow hit the tape
Over $1.1M in 11/20 ITM $460 Puts!
Currently pinned between the WMAs, a break of the 50Week is the put trigger targeting $420 then $380!
/filters:format(webp)/production/11128619/large-1790439501.png?1790439501)
openmarketalerts
$SNPS — President & CEO Ghazi Sassine sold $6.8M of stock on Oct 15.
• 14,604 shares at $462.84.
• Sold 14% below the 52-week high.
• Stake down 16%.
